Thanks for the quick response.
I believe, the large loss (139K) that TT calculated for 2017 is wrong. While the partnership was incurring losses year after year, it was never that high. I am unable to understand how TT arrived at that figure - I have rechecked the inputs from K1. Unfortunately, I overlooked this figure and noted it only when I sold my share in 2023. That is when I detected the error.
Since, the losses accumulated over earlier years (prior to 2017), were over 150K, it did not affect any other incomes significantly. Most of my income is from interest and dividend (mostly qualified).
Hope this helps.
Thanks again.
